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Dmitriy789 [7]
3 years ago
7

Calculate the GDP using the data below (all figures are shown in millions)

Business
1 answer:
Anit [1.1K]3 years ago
3 0

Answer:

$250 million.

Explanation:

To calculate the GDP using the following data (Personal Consumption = $ 50, Government Consumption = $ 20, Business Consumption = $ 80 and Gross Investments = $ 100) the following calculation must be performed:

50 million + 20 million + 80 million + 100 million = X

250 million = X

Therefore, the GDP is $ 250 million.

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